News / Middle East

Nakheel Partners with Spanish RIU for Deira Islands Resort

Dubai based Nakheel has started developing its beach front Deira Resort with Spain's RIU, at a cost of AED 900 million.

Bloom Contracts with Tharwaa/Al Mansouri 3B for New Saadiyat Project

Park View development is expected to provide investors the best real estate properties in the market located in prime locations.

Dubai Properties to Deliver 400 Homes at Mudon Project

Approximately 400 houses are expected to be delivered by Dubai Properties at the Mudon project, a master planned residential community in Dubai.

Damac Records 37.4% Drop in Properties in Q2

Dubai-based Damac Properties witnessed 37.4 % decline in profit in the second quarter of 2016.

New Homes to be Completed in Umm Al Qaiwain at AED 324 M Cost

The UAE's Minister of Infrastructure, Abduallah bin Mohamed, stated that 232 homes located at the Umm Al Qaiwain complex are expected to be completed and delivered at the end of 2018.

3,000 Homes to be Delivered in Bahraini Hunainya Project

Prince Salman bin Hamad Al-Khalifa, crown Prince and Deputy supreme commander of Bahrain, ordered Bahrain’s Ministry of Housing to deliver 3,000 units in the Hunainya housing project to authorized citizens.

Dubai’s Affordable Real Estate Prices Increase by 3.9% in July

A varied price performance has been noticed in Dubai’s real estate market in July, due to location and quality according to a report by ValuStrat.

Dutch Developer to Launch Customized Floating Homes in Dubai

New Living on Water (NLW), a Dutch developer, will launch new “organic- shaped” floating houses in Dubai during the upcoming Cityscape exhibition.

Ayla Delivers New Apartments in Jordan

Ayla Oasis Development Company, a leading Jordanian real estate and tourism company, has announced that it delivered the first phase of the Ayla project in Aqaba to buyers.

Nakheel to Extend Al Khalil Avenue for $408 M

Leading UAE real estate developer Nakheel has added 252 rooms to its Al Khalil Avenue project, and has assigned Dhabi Contracting to be in charge of construction.

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